32206
Jacksonville, Florida
Jacksonville 32206 needs watching.
The 32206 ZIP code in Jacksonville, Florida has a median sale price of $148K, down -29.1% year-over-year. Homes spend an average of 81 days on market, with 14% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32206.
The 32206 market shows significant price compression, with the median sale price settling at $148,259 after a 29.1% year-over-year decline. Homes are moving in 80.5 days on average, indicating moderate buyer hesitation despite the sharp price correction. Only 14% of transactions close above asking price, confirming a clear shift to buyer-favorable conditions after what appears to be a substantial market recalibration from elevated 2025 levels.
Price-sensitive buyers and value investors gain clear advantages in this environment. The 29.1% price decline creates entry points nearly $61,000 below year-ago levels, while 80-day inventory turns allow time for due diligence without competitive pressure. Sellers face difficulties unless priced aggressively below the $148,259 median, as 86% of buyers are negotiating downward and extended DOM suggests limited urgency among the active buyer pool.
The PropIQ score of 55 signals continued caution rather than stabilization. This mid-range rating suggests the market hasn't found a definitive floor, with potential for further price discovery over the next two quarters. Monitor days-on-market trends and the percentage of above-list sales; movement toward 60 days and 20% respectively would indicate stabilization, while deterioration below current metrics would confirm additional downside remains ahead.
What is the median home price in 32206 Jacksonville?
The median sale price in 32206 is $148K, down -29.1% year-over-year as of 2026-02-28.
How long do homes stay on the market in Jacksonville 32206?
Homes in 32206 Jacksonville spend an average of 81 days on market before going under contract.
Is Jacksonville 32206 a good place to invest in real estate?
Folio's PropIQ™ score for 32206 is 55/100 — a Caution signal. 14% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 32206?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 55 = Caution in 32206 Jacksonville, Florida.